27 Duke Street, Brighton
Property Features
- City Centre Freehold Building
- Holiday Let Income
- Commercial Shop Let
Property Summary
Price OIRO £1,150,000
Full Details
The building comprises a GF/ LGF commercial retail unit currently let at £27,000 per annum to jewellery shop Seol Gold. The upper parts are arranged as a Air BNB / Holiday let with stylish décor and large communal space, ideal for a group of friends/family to base themselves whilst in Brighton.
The property comprises of 7x Bedrooms, 5 of which have an en-suite shower room. There is also an additional shower room and 2 more WC's. This property can sleep up to 20 guests, has a smart TV and Wifi throughout.
The holiday let has already been booked for 36 x nights, with a projected net annual income of circa £90,000pa (which is based on only 50% occupancy rate) bringing the total expected minimum rental for the building up to £117,000pa with potential for further uplift on increased occupancy of the holiday let.
Location
The property is located on Duke Street, Brighton which is a very popular position in the City just off of West Street, nearby occupiers include Nandos, Whistles, & Hotel Chocolat. The building is a short distance from Churchill square shopping centre.
Viewings
To arrange a viewing please contact the vendors agents Newlands Property Tel: 01273-77977 or email [email protected]
Terms
Offers are invited for the freehold interest at OIRO £1,150,000
Available Area
Name/Floor | Sq Ft | Sq M | Availability |
---|---|---|---|
g Commercial Shop | 327 | 30.38 | Available |
1st Holiday Let Upper Parts | 1,560 | 144.93 | Available |
Total | 1,887 | 175.31 |